Why Snap, Facebook, Roblox, Netflix And Roku Shares Are Falling

Shares of several companies in the streaming, gaming, social media sector, including Snap Inc SNAP, Meta Platforms Inc FB, Roblox Corp RBLX, Netflix Inc NFLX and Roku Inc ROKU, are trading lower amid continued uncertainty from the Russia-Ukraine conflict which has weighed on stocks and economic sentiment.

As the Russia-Ukraine conflict persists, the SPDR Dow Jones Industrial Average ETF Trust DIA has fallen by 4.20% at $332.71 over the past month, the SPDR S&P 500 ETF Trust SPY has lost 3.68% to $424.23 and the Invesco QQQ Trust Series 1 QQQ has fallen by 5.39% to $328.35. Stocks have also suffered losses in early 2022 as investors react to US inflation data, Fed tapering outlook and a new 2-year high in the 10-year US Treasury yield.

Snap is trading lower by 4.74% at $30.24.

Facebook is trading lower by 2.70% at $190.03.

Roblox is trading lower by 3.76% at $39.91.

Netflix is trading lower by 3.22% at $345.27.

Roku is trading lower by 4.53% at $105.83.

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